Franklin Resources Portfolio holdings
Franklin Resources, Inc., commonly known as Franklin Templeton, was founded in 1947 by Rupert H. Johnson, Sr., and is headquartered in San Mateo, California, operating as a global investment management firm managing hundreds of billions in assets. The company offers a wide range of investment products, including mutual funds, ETFs, fixed-income portfolios, and alternative investments, serving individual investors, financial advisors, and institutions across over 150 countries. Known for its acquisition-driven growth—such as the 1992 purchase of Templeton Investments and the 2020 addition of Legg Mason—Franklin Templeton combines diverse strategies under a single brand, emphasizing both active management and income-focused solutions like its flagship Franklin Income Fund. With a reputation for adaptability and a client-centric approach, it remains a major player in the global asset management industry.
Top Buys
| Rank | Stock | Value |
|---|---|---|
| 1 |
AVGOP
Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A
AVGOP
|
+$675M |
| 2 |
Oracle
ORCL
|
+$536M |
| 3 |
Franklin US Core Bond ETF
FLCB
|
+$362M |
| 4 |
Franklin Investment Grade Corporate ETF
FLCO
|
+$336M |
| 5 |
Cisco
CSCO
|
+$241M |
Top Sells
| Rank | Stock | Value |
|---|---|---|
| 1 |
CELG
Celgene Corp
CELG
|
+$615M |
| 2 |
Wells Fargo
WFC
|
+$530M |
| 3 |
JPMorgan Chase
JPM
|
+$377M |
| 4 |
Bristol-Myers Squibb
BMY
|
+$334M |
| 5 |
Capital One
COF
|
+$331M |
Sector Composition
| Rank | Sector | Weight |
|---|---|---|
| 1 | Technology | 16.91% |
| 2 | Healthcare | 15.8% |
| 3 | Financials | 13.51% |
| 4 | Industrials | 9.2% |
| 5 | Consumer Discretionary | 6.85% |
| Name | Market Value | Portfolio Weight | Shares or Principal |
Change in Stake | Capital Flow | |
|---|---|---|---|---|---|---|
1351
State Street SPDR Portfolio S&P 500 Value ETF
SPYV
$36.1B
| $366K | ﹤0.01% |
+10,491
| New | +$351K |
|
|
GCP
1352
DELISTED
GCP Applied Technologies Inc.
GCP
| $358K | ﹤0.01% |
15,751
-20,831
| -57% | -$448K |
|
1353
Ashland
ASH
$3.04B
| $357K | ﹤0.01% |
4,677
+88
| +2% | +$6.68K |
|
1354
Centene
CNC
$31.3B
| $352K | ﹤0.01% |
5,596
+972
| +21% | +$52.7K |
|
1355
Brink's
BCO
$5.02B
| $350K | ﹤0.01% |
3,860
| – | – |
|
|
CORE
1356
DELISTED
Core Mark Holding Co., Inc.
CORE
| $349K | ﹤0.01% |
12,860
+2,338
| +22% | +$64.7K |
|
1357
State Street Health Care Select Sector SPDR ETF
XLV
$42.1B
| $348K | ﹤0.01% |
3,418
+90
| +3% | +$8.65K |
|
|
TSC
1358
DELISTED
TriState Capital Holdings, Inc.
TSC
| $348K | ﹤0.01% |
13,337
| – | – |
|
1359
VanEck Agribusiness ETF
MOO
$989M
| $344K | ﹤0.01% |
5,000
| – | – |
|
1360
Vanguard Total International Stock ETF
VXUS
$153B
| $344K | ﹤0.01% |
6,185
| – | – |
|
1361
Credit Acceptance
CACC
$6B
| $338K | ﹤0.01% |
+764
| New | +$337K |
|
|
MDCO
1362
DELISTED
Medicines Co
MDCO
| $338K | ﹤0.01% |
3,975
-4,375
| -52% | -$292K |
|
1363
Gran Tierra Energy
GTE
$260M
| $323K | ﹤0.01% |
25,023
-1,138,966
| -98% | -$12.4M |
|
1364
Howmet Aerospace
HWM
$116B
| $320K | ﹤0.01% |
13,572
-7,751
| -36% | -$173K |
|
1365
Regions Financial
RF
$26.3B
| $317K | ﹤0.01% |
18,407
-28,731
| -61% | -$473K |
|
1366
Fox Class A
FOXA
$23.2B
| $316K | ﹤0.01% |
8,521
-13,103
| -61% | -$449K |
|
1367
Colliers International
CIGI
$4.98B
| $315K | ﹤0.01% |
4,046
-102
| -2% | -$7.35K |
|
1368
Texas Pacific Land
TPL
$28.9B
| $312K | ﹤0.01% |
3,600
| – | – |
|
1369
KeyCorp
KEY
$24.3B
| $311K | ﹤0.01% |
15,328
-554
| -3% | -$10.5K |
|
1370
LKQ Corp
LKQ
$6.58B
| $311K | ﹤0.01% |
8,714
-4,381
| -33% | -$149K |
|
1371
Gartner
IT
$9.41B
| $303K | ﹤0.01% |
1,963
+132
| +7% | +$20.2K |
|
1372
Raymond James Financial
RJF
$32.5B
| $301K | ﹤0.01% |
5,043
+531
| +12% | +$30.6K |
|
|
CRON
1373
Cronos Group
CRON
$1.05B
| $300K | ﹤0.01% |
39,032
-252
| -0.6% | -$1.93K |
|
|
PINC
1374
DELISTED
Premier
PINC
| $296K | ﹤0.01% |
+7,812
| New | +$275K |
|
1375
Howard Hughes
HHH
$3.93B
| $294K | ﹤0.01% |
2,438
-895
| -27% | -$99.3K |
|
Similar funds
Franklin Resources's Q4 2019 Portfolio in Review
As of Q4 2019, Franklin Resources held 1,610 positions worth $190B, up 3.4% from $184B the previous quarter. Its ten largest holdings account for 12% of the portfolio.
Franklin Resources withdrew a net $9.13B in Q4 2019, closing 87 positions and reducing 698 holdings. Its most notable exit was Celgene Corp, an estimated $615M position sold in full.
By sector, the portfolio is most concentrated in Technology at 17% of assets, up from 16% a quarter earlier, followed by Healthcare and Financials.
Against the trend, Franklin Resources opened a new position in Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A worth $707M.
- Franklin Resources's largest Q4 2019 buy was Broadcom Inc. 8.00% Mandatory Convertible Preferred Stock, Series A: 600,575 shares worth $707M.
- Franklin Resources added most to Oracle in Q4 2019, an estimated $536M increase.
- Franklin Resources's biggest Q4 2019 reduction was Wells Fargo, cutting an estimated $530M.
- Franklin Resources fully exited Celgene Corp in Q4 2019, selling an estimated $615M.
- Franklin Resources's ten largest holdings make up 12% of its $190B portfolio in Q4 2019.
- Franklin Resources opened 103 new positions and closed 87 in Q4 2019.
- Franklin Resources's portfolio value rose 3.4% quarter-over-quarter to $190B.
Based on Franklin Resources's 13F filing for Q4 2019, filed 12 Feb 2020.